<PRE><B>Question 17952</B>
cost of basketball before markup rate = $82.60&lt;br&gt;
markup rate = 40%&lt;br&gt;

cost of basketball before markup rate + cost of basketball before markup rate * markup rate&lt;br&gt;
$82.60 + $86.60 * 40%&lt;br&gt;
$82.60 + $34.64&lt;br&gt;
$117.24&lt;br&gt;

Therefore, the cost of the basketball is $117.24.


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